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Healthcare’s Hottest – The Fast 40 of 2012
 
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Gallery: Healthcare's Hottest - 2012
September 22, 2012
Learn more about 40 of the fastest-growing organizations in healthcare.
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Magazine
Healthcare's Hottest No. 11: Health Systems International
By Modern Healthcare | September 22, 2012 | Print Magazine Print Magazine Subscription Details
What it does: Health Services International is a technology-services company that provides cost-management solutions to healthcare payers.How it grew: According to HSI CEO and co-founder Russell Sherlock, payers come to HSI for cost-management services, “for the same reason people go to Costco or Sam's Club” for their groceries.
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Magazine
Healthcare's Hottest No. 1: Mercy Health Physicians
By Modern Healthcare | September 22, 2012 | Print Magazine Print Magazine Subscription Details
What it does: Mercy Health Physicians is a multispecialty physician group that provides comprehensive medical care in the Cincinnati area.How it grew: The fastest grower in a group of extremely fast growers, Mercy Health Physicians earned its place at the top of our list by combining the personal touch of a small practice with the strength of a larger organization.
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Magazine
Healthcare's Hottest No. 21: Merge Healthcare
By Modern Healthcare | September 22, 2012 | Print Magazine Print Magazine Subscription Details
What it does: Provides medical imaging, including cloud-based solutions for image-intensive specialties, as well as health stations, clinical trials software and data and analytics solutions.
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Magazine
Healthcare's Hottest No. 10: Best Doctors
By Modern Healthcare | September 22, 2012 | Print Magazine Print Magazine Subscription Details
What it does: Best Doctors is an international clinical advocacy group that ensures individuals receive the correct diagnosis by providing access to the knowledge of the best 5% of doctors, decided by impartial peer review, as part of employers' health benefits.
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Magazine
Watching them grow | Healthcare's Hottest honors those on the fast track
By David Burda | September 22, 2012 | Print Magazine Print Magazine Subscription Details
Welcome to our special section honoring Modern Healthcare's inaugural class of Healthcare's Hottest, the fastest-growing companies and organizations in the $2.7 trillion healthcare industry.
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Video
Video News: Modern Healthcare announcement of exclusive ranking of Healthcare's Hottest companies (1:16)
September 22, 2012
Modern Healthcare announcement of exclusive ranking of Healthcare's Hottest companies
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Podcast
2012 Healthcare's Hottest Podcast: Dr. Dan Roth, president of Mercy Health Physicians (5:09)
By Modern Healthcare | September 22, 2012
Mercy Health Physicians in Cincinnati has been named one of Healthcare's Hottest companies for 2012. In an interview with Modern Healthcare reporter Paul Barr, Dr. Dan Roth, president of Mercy Health Physicians, discusses the importance of being a physician-led organization.
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Podcast
2012 Healthcare's Hottest Podcast: Joel Barthelemy, founder and managing director of GlobalMed (5:42)
By Modern Healthcare | September 22, 2012
Telemedicine and telecare technology company GlobalMed has been named one of Healthcare's Hottest companies for 2012. In an interview with Modern Healthcare reporter Paul Barr, Joel Barthelemy, founder and managing director of GlobalMed, stresses the importance of his firm's culture of continuous self-improvement as it relates to the company's growth and customer satisfaction.
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Podcast
2012 Healthcare's Hottest Podcast: Pat Foster, president and CEO of Centerre Healthcare (6:08)
By Modern Healthcare | September 22, 2012
Rehab hospital operator and developer Centerre Healthcare Corp. has been chosen as one of Healthcare's Hottest companies for 2012. Modern Healthcare reporter Paul Barr and Pat Foster, president and CEO of Centerre, discuss the key drivers of the company's growth.
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Magazine
Healthcare's Hottest No. 2: GlobalMed
By Modern Healthcare | September 22, 2012 | Print Magazine Print Magazine Subscription Details
What it does: Provides patients access to healthcare providers, and providers access to medical data, through telemedicine.How it grew: According to founder and Managing Director Joel Barthelemy, GlobalMed's focus has always been on problem-solving and responding to customers' needs.That focus has led GlobalMed to the cutting edge of technological advances in telehealth and to an almost-2,000% increase in revenue over the past five years.
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Magazine
Healthcare's Hottest No. 3: ESD
By Modern Healthcare | September 22, 2012 | Print Magazine Print Magazine Subscription Details
What it does: Provides information technology consulting to companies looking to implement a new IT system or improve an existing one.How it grew: ESD has based its success on a commitment to its employees, who the company's website describes as a group of “clinical professionals with a range of talents and specialties.”
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Magazine
Healthcare's Hottest No. 4: BioRx
By Modern Healthcare | September 22, 2012 | Print Magazine Print Magazine Subscription Details
What it does: Provides and distributes specialty medicine and clinical and in-home support services for the treatment of hemophilia, AAT deficiency, severe nutritional deficiencies and other afflictions.How it grew: A quick scan of BioRx's recent activity shows a company aggressively expanding, both acquiring new businesses and premiering new products and services for its customers.
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Magazine
Healthcare's Hottest No. 5: Edifecs
By Modern Healthcare | September 22, 2012 | Print Magazine Print Magazine Subscription Details
What it does: Applies technology best practices from other industries to help healthcare companies solve data and information challenges.How it grew: Like many of the other successful companies featured on this list, Edifecs says it focuses most of its attention on customers.“We are obsessed about our customers,” CEO Sunny Singh says. “We will do whatever it takes to make sure our customers are successful.”
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Magazine
Healthcare's Hottest No. 6: Physicians Pharmacy Alliance
By Modern Healthcare | September 22, 2012 | Print Magazine Print Magazine Subscription Details
What it does: Physicians Pharmacy Alliance is a pharmacy services organization that partners with Medicaid, Medicare and accountable care organization and patient-centered medical home programs to provide specialty medication management.
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Magazine
Healthcare's Hottest No. 7: Allscripts Healthcare Solutions
By Modern Healthcare | September 22, 2012 | Print Magazine Print Magazine Subscription Details
What it does: Allscripts Healthcare Solutions provides information technology products to hospitals, physician practices and post-acute organizations.How it grew: Allscripts' approach, “One network. One platform. One patient,” speaks to the company's efforts to deliver the largest network of clients in healthcare using a single platform, resulting in one record for each patient. Thanks to that mission, Allscripts has seen revenue growth of more than 500% since 2006.
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Magazine
Healthcare's Hottest No. 8: MedSynergies
By Modern Healthcare | September 22, 2012 | Print Magazine Print Magazine Subscription Details
What it does: Provides healthcare organizations and physicians with revenue-cycle management, practice-management and other consulting services.How it grew: MedSynergies' growth has come from the company's evolution from strictly providing revenue-cycle management to becoming a partner for major healthcare organizations by providing physician alignment, building-management services and establishing population health initiatives.
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Magazine
Healthcare's Hottest No. 9: Centerre Healthcare Corp.
By Modern Healthcare | September 22, 2012 | Print Magazine Print Magazine Subscription Details
What it does: Develops and operates free-standing rehabilitation facilities in partnership with acute-care hospitals.How it grew: According to President and CEO Patrick Foster, by partnering with hospitals around the country to create free-standing rehabilitation centers, Centerre has elevated the quality of rehab around the country.
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Magazine
Healthcare's Hottest No. 12: The Villages Health System
By Modern Healthcare | September 22, 2012 | Print Magazine Print Magazine Subscription Details
What it does: The Villages Health System operates a hospital located in a retirement community in Florida.How it grew: The Villages' growth has come in spite of the unique challenge presented by the hospital's location within a retirement community—80% of the hospital's patients are covered by Medicare.
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Magazine
Healthcare's Hottest No. 13: Cumberland Consulting Group
By Modern Healthcare | September 22, 2012 | Print Magazine Print Magazine Subscription Details
What it does: Cumberland Consulting Group is a national technology implementation and project management firm serving ambulatory, acute and post-acute healthcare providers.How it grew: Like many of Healthcare's Hottest, Cumberland officials say it pins its success on client service and a reputation for exceeding expectations. According to Cumberland spokeswoman Jennifer Allen, the company's ability to exceed client expectations comes from its commitment to recruiting, developing and retaining the best possible talent.
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Magazine
Healthcare's Hottest No. 14: Navicure
By Modern Healthcare | September 22, 2012 | Print Magazine Print Magazine Subscription Details
What it does: An Internet-based medical claims clearinghouse that helps make accounts receivable management simpler and more profitable for physicians' practices.How it grew: Navicure's “three-ring policy,” a guarantee that all calls will be answered within three rings, is an example of the commitment to customer service that officials say has driven the company's growth.
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Magazine
Healthcare's Hottest No. 15: NorthStar Anesthesia
By Modern Healthcare | September 22, 2012 | Print Magazine Print Magazine Subscription Details
What it does: Provides anesthesia care with a focus on improving quality and efficiency and lowering costs.How it grew: Years before electronic health records had the healthcare industry buzzing, NorthStar Anesthesia was making it a point to electronically track everything it could. That focus on data allowed the company to become an early adopter of EHR technology.
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Magazine
Healthcare's Hottest No. 16: Capella Healthcare
By Modern Healthcare | September 22, 2012 | Print Magazine Print Magazine Subscription Details
What it does: Founded in 2005 by healthcare professionals, Capella Healthcare develops and operates healthcare facilities in nonurban settings. How it grew: Capella's initial foray into the healthcare industry was the purchase of four hospitals from HCA in November 2005. Since then, the company has grown significantly. Capella added nine hospitals in 2008 and two more last year.
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Magazine
Healthcare's Hottest No. 17: Emergent Medical Associates
By Modern Healthcare | September 22, 2012 | Print Magazine Print Magazine Subscription Details
What it does: Provides emergent and episodic care-management services to physician groups and hospitals in Southern California.How it grew: Founded by physicians in 1991, Emergent Medical Associates has expanded from its first location at Mission Community Hospital in Panorama City, Calif., to encompass 22 hospitals and serve 600,000 patients from San Diego to California's Central Valley.
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Magazine
Healthcare's Hottest No. 18: Somnia
By Modern Healthcare | September 22, 2012 | Print Magazine Print Magazine Subscription Details
What it does: Provides customized anesthesia management for hospitals, ambulatory surgery centers and office-based surgical practices in 16 states.How it grew: Somnia's founders—President and CEO Marc Koch and Dr. Robert Goldstein, executive vice president and chief medical officer—and the company's senior leaders are actively involved with every one of its clients.
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Magazine
Healthcare's Hottest No. 19: Compass Health
By Modern Healthcare | September 22, 2012 | Print Magazine Print Magazine Subscription Details
What it does: Compass Health assists hospitals, healthcare organizations and physicians in maximizing their resources by developing cost-effective systems of quality care in behavioral health and rehabilitative medicine.How it grew: In the past three years, Compass has grown 89% by working closely in partnership with community hospitals throughout Louisiana. In addition to its hospital partnerships, the company owns and operates psychiatric hospitals and a large outpatient facility as part of its psychiatric health system.
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Magazine
Healthcare's Hottest No. 20: Adventist Health Partners
By Modern Healthcare | September 22, 2012 | Print Magazine Print Magazine Subscription Details
What it does: Adventist Health Partners is a physician group with 50 locations in Chicago's western suburbs.How it grew: Adventist has adopted the patient-centered medical home model of care so that its group of physicians can provide a personalized approach to each patient. This model has driven patients to the company's more-than 180 doctors, and the patients seem quite content with their experience. Adventist's physicians are in the 90th percentile of the patient-satisfaction rankings from Press Ganey Associates.
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Magazine
Healthcare's Hottest No. 22: Florida Cancer Specialists and Research Institute
By Modern Healthcare | September 22, 2012 | Print Magazine Print Magazine Subscription Details
What it does: Florida Cancer Specialists is one of the largest privately owned oncology/hematology practices in the U.S., providing cancer care in community-based settings close to patients' homes.
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Magazine
Healthcare's Hottest No. 23: Cumberland Pharmaceuticals
By Modern Healthcare | September 22, 2012 | Print Magazine Print Magazine Subscription Details
What it does: Acquires specialty pharmaceutical products that are currently marketed or in late-stage development and grows them through marketing to underserved physician segments.How it grew: Cumberland Pharmaceuticals has grown by providing high-quality medicine that addresses unmet medical needs, officials say. Cumberland's focus is hospital acute-care gastroenterology, a segment to which it provides three pharmaceutical products.
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Magazine
Healthcare's Hottest No. 25: BravoSolution
By Modern Healthcare | September 22, 2012 | Print Magazine Print Magazine Subscription Details
What it does: Provides consulting services to supply-chain management executives through software, professional services and category expertise.How it grew: BravoSolution's area of expertise, supply-chain management, is a particularly timely one. Modern Healthcare's Survey of Executive Opinions on Supply Chain Issues found that 80% of providers include reducing supply costs as a formal part of the organization's strategic plan.
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Magazine
Healthcare's Hottest No. 26: Sysmex America
By Modern Healthcare | September 22, 2012 | Print Magazine Print Magazine Subscription Details
What it does: Provides clinical laboratory systemization and tools, including information systems, automation and clinical diagnostics.
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Magazine
Healthcare's Hottest No. 27: Jones Regional Medical Center
By Modern Healthcare | September 22, 2012 | Print Magazine Print Magazine Subscription Details
What it does: Jones Regional Medical Center is a hospital in Anamosa, Iowa, that serves more than 55,000 patients a year. How it grew: Almost all of Jones' 150% surge in revenue has come since 2009, when the hospital moved to a new $14 million building in Anamosa. That move helped the hospital solidify its presence in Jones County and expand its reach to neighboring communities.
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Magazine
Healthcare's Hottest No. 28: Chindex International
By Modern Healthcare | September 22, 2012 | Print Magazine Print Magazine Subscription Details
What it does: Provides healthcare in China through two major hospitals and a series of clinics, and also produces and distributes medical equipment and instruments throughout China.How it grew: In a news release announcing 20% year-over-year growth for Chindex in 2011, president and CEO Roberta Lipson pointed to 2011 as “a year focused on expansion.” Chindex's expansion has come from strengthening traffic in existing facilities and building new ones.
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Magazine
Healthcare's Hottest No. 29: Healthfirst
By Modern Healthcare | September 22, 2012 | Print Magazine Print Magazine Subscription Details
What it does: Healthfirst is a not-for-profit managed-care organization that offers health insurance programs in New York and New Jersey.How it grew: Healthfirst's “local touch and feel” has spurred the company's growth, spokeswoman Laura Vialva says.
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Magazine
Healthcare's Hottest No. 30: Amerigroup Corp.
By Modern Healthcare | September 22, 2012 | Print Magazine Print Magazine Subscription Details
What it does: Partners with states to manage healthcare programs for lower-income families and people with disabilities. How it grew: Since 2007, Amerigroup has expanded its market from nine states to 14, spurring a 123% growth in revenue and adding more than 1 million beneficiaries. The company works with states to reduce the cost of healthcare for taxpayers without relying on individual underwriting or denial of pre-existing conditions to save money, according to a corporate fact sheet.
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Magazine
Healthcare's Hottest No. 31: MedRisk
By Modern Healthcare | September 22, 2012 | Print Magazine Print Magazine Subscription Details
What it does: Physical medicine management for the workers' compensation industry.How it grew: “MedRisk's business model is unique and effective because we control physical medicine costs by managing utilization, the key cost driver, rather than simply addressing unit costs,” CEO Shelley Boyce tells Modern Healthcare in an e-mail.
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Magazine
Healthcare's Hottest No. 32: Innovative Services
By Modern Healthcare | September 22, 2012 | Print Magazine Print Magazine Subscription Details
What it does: Provides flexible, accessible and family-centered supports and services to the developmentally disabled and special needs consumers in Wisconsin.How it grew: Since its inception in 2004, Innovative Services has been dedicated to providing safe and healthy support services that encourage maximum independence for the developmentally disabled and special needs people it serves.
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Magazine
Healthcare's Hottest No. 33: Methodist Health System
By Modern Healthcare | September 22, 2012 | Print Magazine Print Magazine Subscription Details
What it does: Provides integrated care to individuals and families throughout north Texas.How it grew: In the past five years, Methodist Health System has doubled in size, expanding three of its Dallas-area medical centers and adding family health centers throughout the region. The system's physical expansion has helped Methodist increase its market share in the surging Dallas market.
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Magazine
Healthcare's Hottest No. 24: Beacon Partners
By Modern Healthcare | September 22, 2012 | Print Magazine Print Magazine Subscription Details
What it does: Provides advisory services to healthcare companies adopting information technology.How it grew: Beacon Partners President and CEO Ralph Fargnoli Jr. founded the company in 1989 with the intention of providing measurable results for his clients.
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Magazine
Healthcare's Hottest No. 34: Summit Medical Group
By Modern Healthcare | September 22, 2012 | Print Magazine Print Magazine Subscription Details
What they do: Summit Medical Group is a multispecialty medical group operating in New Jersey.How it grew: Electronic health records have proven to be a smart investment for Summit Medical Group. According to company spokeswoman Maureen Bennett, digitizing medical records has allowed New Jersey's largest for-profit physician group to provide integrated care to its patients.
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Magazine
Healthcare's Hottest No. 35: Masimo
By Modern Healthcare | September 22, 2012 | Print Magazine Print Magazine Subscription Details
What it does: Produces noninvasive monitoring technologies that significantly improve patient care.How it grew: Masimo's SET technology, which offers the ability to monitor different elements of a patient's blood without invasive surgery, has been making strides in the field of pulse oximetry.
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Magazine
Healthcare's Hottest No. 36: Pikeville Medical Center
By Modern Healthcare | September 22, 2012 | Print Magazine Print Magazine Subscription Details
What it does: Pikeville Medical Center is a 221-bed hospital located in the mountains of east Kentucky.How it grew: Pikeville's commitment to its patients and employees shows in the number of accolades the hospital has racked up in recent years, including multiple years on Modern Healthcare's list of the Best Places to Work in Healthcare. That reputation has allowed the medical center to expand its focus and keep adding specialties, with Pikeville now offering more than 300 services.
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Magazine
Healthcare's Hottest No. 37: Advisory Board Co.
By Modern Healthcare | September 22, 2012 | Print Magazine Print Magazine Subscription Details
What it does: The Advisory Board Co. advises hospitals and physicians on operations management, as well as provides research and technology services to healthcare organizations.
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Magazine
Healthcare's Hottest No. 38: Mercy Health
By Modern Healthcare | September 22, 2012 | Print Magazine Print Magazine Subscription Details
What it does: Mercy Health is a system with more than 80 network locations in the Cincinnati area, including six hospitals.How it grew: Mercy Health's recent growth has come from a concerted effort to fill in the gaps of its coverage in Cincinnati.
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Magazine
Healthcare's Hottest No. 39: Iasis Healthcare
By Modern Healthcare | September 22, 2012 | Print Magazine Print Magazine Subscription Details
What it does: Owns and operates medium-sized acute-care hospitals in urban and suburban markets.How it grew: In 2007, Iasis Healthcare developed the Hospital Medical Management and Quality Program in an effort to standardize data-driven performance management procedures in its hospitals. Soon after its creation, Iasis expanded the program into a sophisticated system of identifying and prioritizing clinical goals and strategies.
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Magazine
Healthcare's Hottest No. 40: Hospital Housekeeping Systems
By Modern Healthcare | September 22, 2012 | Print Magazine Print Magazine Subscription Details
What it does: Provides high-quality housekeeping and linen management services to the healthcare industry, partnering exclusively with acute-care hospitals.How it grew: “Our organization has always believed in a 'growth by reference' business model,” says Jon Stokes, Hospital Housekeeping Systems' senior director of marketing.
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Information
Modern Healthcare salutes Healthcare's Hottest
By Modern Healthcare | July 21, 2012
Forty healthcare companies and organizations have made Modern Healthcare's inaugural list of Healthcare's Hottest, a new recognition program honoring the fastest growing companies and organizations in the $2.7 trillion healthcare industry.
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Video News: Modern Healthcare announcement of Healthcare's Hottest for 2012 (1:04)
July 21, 2012
Modern Healthcare's announces Healthcare's Hottest: the 40 fastest growing healthcare companies and organizations for 2012.
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Healthcare's Hottest for 2012; 40 of the healthcare industry's fastest growing companies
July 21, 2012
Modern Healthcare's inaugural recognition program honors the fastest growing companies and organizations in the industry as measured by revenue growth.
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Nominations sought for Healthcare's Hottest
By Modern Healthcare | February 04, 2012
Modern Healthcare is seeking participants for its inaugural Fast 40 award program that will recognize the fastest-growing companies in the $2.7 trillion healthcare industry. The industry is booming and so, too, are many organizations and corporations that serve it.
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